Tuesday, June 28, 2011

The Value of Education

While this article is focussed on experiences in the good old US of A - I am sure that its conclusions apply pretty much everywhere - including here.

Warren Buffett recently told Columbia Business school students, "Right now, I would pay $100,000 for 10 percent of the future earnings of any of you." (Tucker, 2009). He is not a legendary value investor for nothing: When compared to other investment options, a degree stands out as one of the best investments one can make.

Instead of worrying about the education of our kids and grandkids and their future prospects we seem to be worrying more about the fear that is manufactured by our unscrupulous and self-serving politicians.

And Nelson Mandela said "Education is the most powerful weapon which you can use to change the world."

Exactly.

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